CAD/XAG Price & Performance (CADXAG)

President Trump has enacted a 25% tariff on imports from Mexico and Canada, alongside increased tariffs on Chinese goods. These measures, aimed at addressing drug trafficking, have sparked immediate retaliatory actions from Canada and China, escalating tensions and causing market volatility.123

Global markets have seen significant declines following the implementation of U.S. tariffs on Canada, Mexico, and China. The Nikkei and Hang Seng indices fell sharply, while U.S. markets experienced notable losses. Concerns over inflation and economic stability are intensifying as retaliatory tariffs take effect.435

China and Canada have imposed counter-tariffs on U.S. goods in response to President Trump's trade measures. With additional tariffs expected from Mexico, the economic impact on industries such as agriculture and manufacturing is growing, raising fears of prolonged trade disputes.235